The Bitcoin Standard Podcast cover image

155. IMF & World Bank Misery Industry with Alex Gladstein

The Bitcoin Standard Podcast

00:00

The World Bank Is Not Financing Aluminum Projects

Most of these projects, they should not be financed. The World Bank presents the fact that they're not being financed as being a failure of the market, but the World Bank is going to fix. But in reality, they're just getting even to debt for something that's highly risky. And if it has a chance of working in the private sector, it's going to be much harder for it to work when it is run by a central planning authority.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app